THE World Bank on Wednesday maintained its 2019 to 2021 Philippine economic growth projections.

In its January 2020 "Global Economic Prospects Slow Growth, Policy Challenges" report released late Wednesday, the bank projected the Philippine economy to grow by 5.8 percent this year, a slowdown from the 6.2 percent expansion in 2018 and also below the 6.0 to 6.5 percent downwardly adjusted growth target of the government.

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